With our world-class solar and wind energy resource base, Australia stands to benefit from a successful – and rapid – low-carbon transition
Climate policy has never been easy in Australia. But despite the debates of the past, Australians are pretty used to many of the policies that seek to regulate carbon emissions in our everyday lives. We know how to purchase green power for our homes; that our buildings are regulated for the energy they use; and that our household appliances come plastered with energy-efficiency star ratings.
But what about our bank accounts, our super, our insurance policies and investment funds? How does our money contribute to causing – or preventing – dangerous climate change? How much financial risk are we exposed to from the effects of climate change, or from a delayed, bumpy transition to a low-carbon future? What are policymakers and regulators doing about those risks? Climate Risk and the Financial System, a new report from the Monash Sustainable Development Institute, addresses these fundamental questions.
Continue reading...from The Guardian http://bit.ly/2PzzuNd
via
0 Comments